Crane Q2 FY26 EPS rises 19% to $1.63; net sales increase 25.6% to $724.7 million
Reuters2026/07/28 20:29By:Reuters
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- Crane posted second-quarter GAAP EPS from continuing operations of $1.63, up 19%, while net sales climbed 25.6% to $724.7 million.
- GAAP operating profit jumped 40.2% to $144.3 million, lifting operating margin by 2.1 percentage points to 19.9%.
- Adjusted EPS from continuing operations rose 18% to $1.79; adjusted operating profit increased 37.3% to $154.3 million, with adjusted margin up 1.8 points to 21.3%.
- Aerospace & Advanced Technologies net sales rose 31.3% to $339.1 million; backlog hit a record $1.27 billion, up 11% year over year on a core basis.
- It raised full-year adjusted EPS guidance to $6.85-$7.05 from $6.65-$6.85, citing strong execution and acquisitions performing ahead of plan.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Crane Company published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001944013-26-000181), on July 28, 2026, and is solely responsible for the information contained therein.
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